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20121201
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Search Results 0 to 5 of about 6 (some duplicates have been removed)
has warned u.s. lawmakers, they have a duty to solve. we sat down with her here in washington. >> christine lagarde, the fiscal cliff, how concerned are they about the ramifications? >> people around the world are concerned about it. it appears to be the case there was more concerned about the eurozone than the fiscal cliff. now things have changed and there is more concerned about the fiscal cliff. they asked about a resolution. >> what could the impact speed? we are looking at a time when the global recovery is fragile at best. >> of u.s. is 20% of the global economy. if the u.s. suffers as a result of a fiscal cliff, a complete wiping out of its growth is going to have repercussions around the world. probably half of that. if the u.s. economy has less growth, it will probably be 1% less in mexico, canada, probably less so in europe and japan. but there will be a ripple effects. >> are you worried about it? >> yes. of course i worry about it. the u.s. is a big chunk of the global economy. it has often been a driver of growth. and to have that player virtually flat, if not in
. there was six adults pronounced dead at the scene. the shooter is deceased. >> u.s. networks say that the killer was a man and his 20's his mother was thought to be a teacher at the school. in washington, where the flag flies at half mast, barack obama addressed the nation as a president and a father. >> the majority of those who died today were children. beautiful little kids between the ages of 5 and 10 years old. they had their entire lives ahead of them -- birthdays, graduations, weddings, kids of their own. this among the fallen also teachers, men and women who devoted their lives to helping our children fulfill their dreams. our hearts are broken. >> he demanded meaningful action, a hint at perhaps tighter gun laws. that argument is for tomorrow. for now, america is trying to comprehend the how and why of the mass killings and a small rural community. new town was supposed to be a haven, a world away from the bustle of nearby new york. today, the elementary school was robbed of it and since joining colorblind and virginia tech of the grim roll call of loss. -- joining columbine and virgini
with a range of more than 60 miles. nato foreign ministers approved sending the missiles to turkey with the u.s., the netherlands, and germany providing the weapons but the alliance stressed the move was defensive. >> the deployment of patriot missiles will serve as an effective deterrent and that way, diaz with the situation along the syrian-turkish border. >> russia is the one fly in the right man. the foreign minister said he would not block the move. a sign an old ally may be losing patience with president assaad. they hope deploying missiles will help stabilize tensions but the bigger concern is what is happening inside syria itself. specifically, what the regime might do with its stockpile of chemical weapons. syria has used much of its considerable arsenal to crush the rebellion. hidden from view it is believed to have developed a chemical weapons program and there are reports of activity, prompting this uncompromising western message. >> we are concerned for the same reason the united states has. we have sent our own clear, private message directly to them about the serious consequences
lost, one livelihood destroyed is still want to many. -- one too many. >> today in brussels, the u.s. secretary of state delivered a clear message, warning nato allies they must honor their financial commitments to afghanistan security forces after western troops pull back in 2014. after more than a decade of war, the country's still fragile. but afghanistan has been in this situation before. in a new book, the author, an afghan native, he writes about the misunderstood a history of the country and what it suggests for the country prepare -- for the country's future prepar. >> what i want to say is that it is not a case of the afghan people are one group and the taliban as another entity over there. they have been engaged in a long struggle between its own tendencies toward wanting to open up to the world and move the country in that direction, and those forces that want to entrench and reject that role and become more locally world. you know, verify and confirm the power of grass-roots clerics, grass-roots elders, that is the tendency in afghanistan. it is true that is very much ass
in settlement of a class-action lawsuit taken out against the company by u.s. car drivers. there was a mass recall. the deal will cover the cost of installing a free break override system and millions of vehicles affected by that recall and cash payments to those who sold their vehicles or decide to say no to the break override system. you'll remember toyota has had several problems of the past 18 months or so. it looks like it is agreeing to pay $1.1 billion to settle a class-action -- that is an american legal concept which has spread where all the people affected by the same problem get together and they go through the american legal system. we will get more on that as soon as we can. within the last few hours, the former south african president, nelson mandela, has been discharged from hospital. he spent several weeks and treatment. he also had an operation to remove gall stones. he was in good spirits when visited by the current president on christmas day. a statement said that he would receive home-based care at his residence in johannesburg. storms have battered large areas of the un
Search Results 0 to 5 of about 6 (some duplicates have been removed)